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Million Contract News

11 Mar 2024

Callan Marine Awarded Houston Dredging Contract

General Arnold (Photo: Callan Marine)

Galveston-based dredging contractor Callan Marine has been awarded a $136 million contract from Port Houston to dredge segment 1C of the Houston Ship Channel Expansion, under the port's Project 11 program.Callan will use its recently christened 32-inch cutter suction dredge, the General Arnold, among the newest, largest and most environmentally friendly cutter suction dredge in the U.S. fleet for the undertaking. The dredge features four EPA Tier 4 engines developing a combined 24…

03 Mar 2024

Esgian Week 9 Report: Dolphin, Diamond and Seadrill Updates

© AndSus / Adobe Stock

Esgian reports rig-related updates from Dolphin Drilling, Diamond Offshore, and Seadrill in its Week 9 Rig Analytics Market Roundup.Report Outline:ContractsDespite Tullow Oil’s recent announcement that it would take a break from drilling offshore Ghana, Noble Corp. has stated that there has been no contract termination announcement and that its 12,000-ft drillship Noble Venturer is currently still contracted to Tullow into March 2025.Masirah Oil Ltd has signed a rig contract with…

22 Feb 2024

Austal Awarded Contract for Two More Patrol Boat Builds

Austal Australia has been awarded a contract extension for two additional Evolved Cape-class Patrol Boats for the Royal Australian Navy (Image: Austal Australia)

Shipbuilding group Austal Limited announces that Austal Australia has been awarded a contract extension for the construction of two additional Evolved Cape-class Patrol Boats for the Royal Australian Navy.The A$157 million contract follows the procurement announcement made by the Commonwealth of Australia (CoA) on November 23, 2023 and brings the total number of Evolved Cape-class Patrol Boats being delivered to the Navy, under the SEA1445-1 Project, to ten.Austal Limited Chief…

12 Feb 2024

Cavotec Awarded $5.7 Million Shore Power Refit Contract

(Photo: Cavotec)

Cavotec reports it has signed a $5.7 million contract to retrofit vessels with shore power solutions for an undisclsoed major European shipping line.The agreement entails the complete retrofit of containerships from installation of Cavotec's cable management system to modifications of the ship’s switchboards. The works will be completed in drydock for some of the vessels and during commercial sailing for the rest. Deliveries are scheduled throughout 2024.The implementation of…

18 Jan 2024

Brunvoll to Deliver Propulsion System for Toyo’s Hybrid Cable Layer

(Credit: Vard)

Brunvoll has signed a contract with Vard for the delivery of propulsion and maneuvering system for Toyo Construction’s new cable laying vessel.Toyo Construction’s new vessel will have three azimuth propulsion thrusters in the aft of the vessel. The foreship of the vessel will have two tunnel thrusters and a retractable azimuth thruster.Furthermore, the vessel will feature Brunvoll’s control system for propulsion and maneuvering, BruCon PTC.In December 2023, Vard, a Norwegian subsidiary of the Fincantieri Group…

22 Dec 2023

Vigor Completes Works on USCGC Vessel Ahead of Time

USCGC John McCormick (Credit: U.S. Coast Guard)

Vigor Alaska, a Titan Company, successfully completed a dry dock and repair work solicitation on U.S. Coast Guard Cutter John McCormick this month, returning it to service ahead of schedule.The $3.65 million contract was awarded in September 2023 and represents the first non-emergent maintenance solicitation awarded to the Ketchikan Shipyard since 2011.USCGC McCormick is homeported at Coast Guard Base Ketchikan, only 3.5 miles from the Ketchikan Shipyard.This was also the first time a vessel of USCGC McCormick's class has been serviced at Ketchikan Shipyard…

28 Nov 2023

Babcock Awarded More Dreadnought Contracts

Artists impression of Dreadnought Class_UK MOD © Crown copyright 2021

Babcock has been awarded two further contracts for work on the UK’s new Dreadnought Class submarine worth a combined £121 million.The contracts include a 4.5-year £66 million contract with the Ministry of Defence (MOD) to provide input into the development of the support solution for the UK’s new Dreadnought Class submarines. The new Class of submarine will replace the Vanguard Class in the early 2030s to maintain a Continuous At Sea Deterrent.Babcock will also provide the MOD with technical and management support…

10 Nov 2023

Babcock Signs $916M Submarine Infrastructure Deal with UK Defense Ministry

Credit: Babcock

Defense contractor Babcock has signed a four-year £750 million (~$916 million) contract with the UK Ministry of Defence’s (MOD) Submarine Delivery Agency (SDA), to deliver the infrastructure required to support and sustain the UK’s submarines for decades to come.As part of the major infrastructure program underway at the Devonport site, Babcock said it would deliver substantial upgrades to existing infrastructure that will support the future capability of the Royal Navy and the…

01 Nov 2023

Cashman Wins $29 Million Contract for Baltimore Dredging

(File photo: Cashman Dredging & Marine Contracting Co. LLC)

Quincy, Mass. based Cashman Dredging & Marine Contracting Co. LLC, has secured a contract to perform maintenance dredging in Baltimore, Md.The $29,131,250 firm-fixed-price contract was awarded by the U.S. Army Corps of Engineers' Baltimore District. Cashman was one of three bidders for the project.The project, which involves the removal of 1,400,000 cubic yards (cy) from deep-draft federal navigation channels, is estimated to wrap up by March 31, 2024.Dredging depth varies by…

16 Oct 2023

General Dynamics Electric Boat Awarded $217 Million Submarine Contract

Source: General Dynamics Electric Boat

General Dynamics Electric Boat has been awarded a $217 million contract for long lead time material associated with the construction of Virginia-class submarines SSN 814 and SSN 815."This contract will enable Electric Boat to begin the acquisition of critical material and components for submarines that require substantial lead time to manufacture and deliver," said Kevin Graney, president of General Dynamics Electric Boat. "Advanced procurement is essential to achieve the high-rate production the Navy requires of the submarine industrial base.

03 Oct 2023

General Dynamics Electric Boat Wins $967 Million Contract

General Dynamics Electric Boat, a business unit of General Dynamics, wasn awarded a $967 million contract modification from the U.S. Navy for Lead Yard Support and Development and Design efforts for Virginia-class fast-attack submarines.The cost-plus-fixed fee modification to a previously awarded contract totals $967,185,528. Work will be performed in Groton, Connecticut; McLeansville, North Carolina; Newport News, Virginia; and Newport and Quonset Point, Rhode Island. Work is expected to be completed by October 2024. This contract was awarded on September 29. 2023.Virginia-class submarines are designed for the full range of 21st-century mission requirements…

21 Sep 2023

U.S. Revives Cold War Submarine Spy Program to Counter China

Credit: noraismail/AdobeStock

On a windswept island 50 miles north of Seattle sits a U.S. Navy monitoring station. For years, it was kept busy tracking whale movements and measuring rising sea temperatures. Last October, the Navy gave the unit a new name that better reflects its current mission: Theater Undersea Surveillance Command.The renaming of the spy station at the Whidbey Island naval base is a nod to a much larger U.S. military project, according to three people with direct knowledge of the plans:…

14 Sep 2023

USACE Awards Contract for Monongahela River Locks and Dam 3 Removal

(Photo: U.S. Army Corps of Engineers)

The U.S. Army Corps of Engineers Pittsburgh District awards a nearly $30 million contract to remove the Monongahela River Locks and Dam 3 in Elizabeth, Pa.The district awarded the dam removal contract to the Pittsburgh-based Joseph B. Fay Company.The work is part of the Lower Monongahela River project, which includes the construction of the larger lock chamber at Locks and Dam 4 at river mile 41.5 near Charleroi and the replacement of the fixed-crest dam with a gated dam at Locks and Dam 2 in Braddock…

12 Sep 2023

Vigor Begins Vessel Maintenance Project for USCG in Alaska

File photo: USCGC John McCormick steams through the Gastineau Channel to Juneau, Alaska. (Photo: John J. Mike / U.S. Navy)

The U.S Coast Guard has awarded Vigor Alaska, a Titan company, a $3.65 million contract to perform maintenance and repairs on U.S. Coast Guard Cutter John McCormick at the Ketchikan Shipyard.Work on the project begins this week and will cover comprehensive maintenance and repair of the vessel. After USCGC John McCormick is dry docked, the team at Ketchikan Shipyard will inspect the hull plating, conduct maintenance on the ship's propulsion system and renew hull coatings, as well as several other key maintenance and repair operations.

31 Aug 2023

Transocean Awarded $222 Million Drillship Contract

Dhirubhai Deepwater KG1 (Photo: Transocean)

Offshore drilling contractor Transocean announced it has been awarded a $222 million contract for one of its ultra-deepwater drillships to go to work offshore India.India's state-controlled Oil and Natural Gas Corporation Ltd awarded the binding notification of award for Transocean's Dhirubhai Deepwater KG1, a sixth-generation drillship built in 2009 by South Korea's Samsung Heavy Industries.The 21-month program is expected to commence in the first quarter of 2024, contributing an estimated $222 million in backlog…

23 Aug 2023

Dutra Wins $9.6 Million Contract for Dredging in Brooklyn

(File photo: U.S. Army Corps of Engineers)

The Dutra Group, based in San Rafael, Calif., has been awarded a contract to perform maintenance dredging in Brooklyn, N.Y.The $9,639,000 firm-fixed-price contract was awarded by the U.S. Army Corps of Engineers New York District.

23 Aug 2023

NOAA Cuts Ribbon on Renovated Ketchikan Port Facility

A long line of special guests, including NOAA Administrator Dr. Rick Spinrad (5th from the left), participate in a ribbon-cutting ceremony for the NOAA-renovated port facility in Ketchikan, Alaska, on August 21, 2023. (Photo: NOAA Office of Marine and Aviation Operations)

Federal, tribal, state and local officials joined NOAA leadership to cut the ribbon on the agency’s newly renovated port facility in Ketchikan, Alaska. The celebration was held to dedicate the facility and recognize the important partnerships in the area.The facility will provide vessel support for NOAA research ships. The facility will also support NOAA Ship Fairweather, which is homeported in Ketchikan.“Having a home base for NOAA to operate from in Alaska is integral to our science…

18 Jul 2023

USACE Awarded a Slew of Dredging Work in the First Half of 2023

(Photo: Dredging Contractors of America)

The U.S. Army Corps of Engineers (USACE) is snapping back from the doldrums of COVID-19, wrapping up a strong first half of 2023 with a slew of awarded dredging work.“The federal government is no different from state and local governments, nor the private sector when it comes to COVID-19 work related recovery and USACE is not an exception,” said William P. Doyle, CEO of the Dredging Contractors of America. “The Army Corps has been steadily issuing contract awards since February, and that’s on the award side.

31 May 2023

MetalCraft Awarded $31 Million USCG Patrol Boat Contract

(Photo: MetalCraft Marine)

Boatbuilder MetalCraft Marine Inc. (MCM) announced it has been awarded a $31 million contract from the U.S. Coast Guard (USCG) as part of the Long-Range Interceptor (LRI) III program. This is the second contract MCM has received for the design and build of their 11-meter high-speed Interceptor patrol boat.“Our previous Interceptor for the Coast Guard, the 11M LRI II, proved to be a very successful platform,” said MCM contracts manager Bob Clark. “The LRI II was the first design…

19 May 2023

Fincantieri Awarded Contract to Build Fourth Constellation-class Frigate

(Image: Fincantieri)

Marinette, Wis. shipbuilder Fincantieri Marinette Marine (FMM) has been awarded a $526 million contract to build a fourth Constellation class frigate for the U.S. Navy, the U.S. Department of Defense announced. The contract for the lead frigate and nine option ships, signed in 2020, has a cumulative value of $5.5 billion, including post-delivery availability support and crew training. FMM received the $795 million contract for the first frigate in the Constellation class program…

13 Mar 2023

Dredge Firms Focus on Sustainability as ESG Issues Climb Agenda

Trailing Suction Hopper Dredger - Vox Apolonia. Image courtesy Van Oord

Climate change, rising sea levels, land reclamation and offshore energy are all factors underpinning business models at Europe’s dredge and marine engineering majors. They are adopting strong sustainability credentials as their operations come under closer environmental, social, governance (ESG) scrutiny and new opportunities open up in the US offshore wind sectorThe relatively small number of global marine engineering and dredge firms face more observation of their business models than ever before.

13 Jan 2023

Turkish Yard Starts Construction of Two Ferries for Scotland

©Caledonian Maritime Assets Ltd (CMAL)

Keel laying and steel-cutting ceremonies for two new ferries being built for Scotland's Caledonian Maritime Assets Ltd (CMAL) were held this week at Cemre Marin Endustri shipyard in Turkey.The first ferry in the production timeline has had its keel laid, while steel-cutting for the second vessel has also begun – three weeks earlier than planned.The new, 94.8-meter vehicle/passenger ferries will each have capacity for up to 450 passengers and 100 cars or 14 commercial vehicles…

09 Jan 2023

Ingalls Awarded Advanced Planning Contract for Zumwalt-Class Ships

(Photo: HII)

HII announced its Ingalls Shipbuilding division was awarded a $10.5 million contract for the modernization period planning of Zumwalt-class guided missile destroyers, USS Zumwalt (DDG 1000) and USS Michael Monsoor (DDG 1001).Zumwalt-class destroyers feature a state-of-the-art electric propulsion system, wave-piercing tumblehome hull, stealth design and are equipped with advanced warfighting technology and weaponry. These ships will be capable of performing a range of deterrence…

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